# Dodd frank 929p

`kaal:entity:dodd-frank-929p`

**Status.** derived

This node is assembled mechanically from the 4 claims that carry the concept tag `dodd-frank-929p`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

4 claims across 1 works, 2012 to 2012.

**2012**

- [2029983-011](https://wulfkaal.github.io/claims/2029983-011) [mechanism/argued] -- Jurisdictional competition in global securities litigation after Morrison will be bifurcated, because some jurisdictions recognize private rights of action while others do not, and some, including the United States, extend government enforcement extraterritorially where private suits are barred.
  > Bifurcated jurisdictional competition will characterize global securities litigation after Morrison because some juris- dictions recognize private rights of action whereas others do not,
  Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012). SSRN: https://ssrn.com/abstract=2029983
- [2029983-012](https://wulfkaal.github.io/claims/2029983-012) [failure/argued] *(failure mode)* -- Bifurcation lets a party to a disputed offshore transaction reintroduce U.S. law into the civil liability regime by threatening to involve the SEC or DOJ unless the other party offers an attractive settlement.
  > A party to a disputed transaction outside the United States can even reintroduce U.S. law into the civil liability re- gime by threatening to involve the SEC or DOJ if the other par- ty does not offer an attractive settlement.
  Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012). SSRN: https://ssrn.com/abstract=2029983
- [2029983-013](https://wulfkaal.github.io/claims/2029983-013) [failure/argued] *(failure mode)* -- Because Section 929P did not restore private rights of action, the most powerful weapon in plaintiffs' arsenal, the fraud-on-the-market theory in class actions, is thwarted wherever the transaction took place outside the United States.
  > most powerful weapon in plaintiffs' arsenal, the fraud-on-the- market theory in class actions, is thus thwarted in those in- stances where transactions are outside the United States.
  Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012). SSRN: https://ssrn.com/abstract=2029983
- [2029983-014](https://wulfkaal.github.io/claims/2029983-014) [mechanism/argued] -- Government enforcement acts as a backstop that makes the case for choice of law freedom stronger: allowing parties to choose their legal regime is more defensible when bad choices, such as moving transactions to regimes with little regulation, do not thwart government enforcement.
  > The ar- gument for allowing choice of law freedom for transacting par- ties is more persuasive when bad choices by contracting par- ties—such as moving securities transactions offshore to regimes with little or no regulation—do not thwart enforcement action by government authorities.
  Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012). SSRN: https://ssrn.com/abstract=2029983

## Verify

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**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.